Zacks Rating on Gaming and Leisure Properties (GLPI)

Gaming and Leisure Properties (GLPI) : 5 brokerage houses believe that Gaming and Leisure Properties (GLPI) is a Strong Buy at current levels. 4 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Gaming and Leisure Properties (GLPI). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 9 Wall Street Analysts endorse the stock as a Buy with a rating of 1.89.

Gaming and Leisure Properties (GLPI) : The most positive equity analysts on Gaming and Leisure Properties (GLPI) expects the shares to touch $40, whereas, the least positive believes that the stock will trade at $32 in the short term. The company is covered by 7 Wall Street Brokerage Firms. The average price target for shares are $36.71 with an expected fluctuation of $3.59 from the mean.


Shares of Gaming and Leisure Properties, Inc appreciated by 0.49% during the last five trading days but lost 1.77% on a 4-week basis. Gaming and Leisure Properties, Inc is up 8.47% in the last 3-month period. Year-to-Date the stock performance stands at 30.52%. Gaming and Leisure Properties (NASDAQ:GLPI): stock turned positive on Tuesday. Though the stock opened at $35, the bulls momentum made the stock top out at $35.04 level for the day. The stock recorded a low of $34.86 and closed the trading day at $34.91, in the green by 0.06%. The total traded volume for the day was 560,829. The stock had closed at $34.89 in the previous days trading.

Gaming and Leisure Properties, Inc. (GLPI) is a self-administered and self-managed real estate investment trust (REIT). The Company is engaged in the business of acquiring, financing, and owning real estate property to be leased to gaming operators in triple net lease arrangements. Triple net leases are leases, in which the lessee pays rent to the lessor, as well as all taxes, insurance, and maintenance expenses that arise from the use of the property. The Company operates in two segments: GLP Capital, L.P. (a wholly owned subsidiary of GLPI, through which GLPI owns all of its real estate assets) (GLP Capital) and the TRS Properties. The GLP Capital segment consists of the leased real property and represents the Companys business. The TRS Properties segment consists of Hollywood Casino Perryville and Hollywood Casino Baton Rouge.

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